New Market Study Published: The Norwegian Defense Industry - Market Opportunities And Entry Strategies, Analyses And Forecasts To 2017

New Defense research report from ICD-Research is now available from Fast Market Research

by Bill Thompson

(WireNews+Co) - Boston, MA - 22 October 2012

This report is the result of ICD Research / Strategic Defence Intelligence's extensive market and company research covering the Norwegian defense industry. It provides detailed analysis of both historic and forecast defense industry values including key growth stimulators, analysis of the leading companies in the industry, and key news.

Introduction and Landscape

Why was the report written?
The Norwegian defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017offers the reader an insight into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain market share in the Norwegian defense industry.

View Full Report Details and Table of Contents (http://www.fastmr.com/prod/460442_the_norwegian_defense_industry_market.aspx) (http://www.fastmr.com/prod/460442_the_norwegian_defense_industry_market.aspx)

What is the current market landscape and what is changing?
The Norwegian defense industry recorded a CAGR of 5.03% during the review period to reach a value of US$6.9 billion in 2012, a growth expected to slow to a CAGR of 2.55% over the forecast period to reach a projected value of US$7.8 billion in 2017.Over the forecast period, defense expenditure is expected to grow, primarily due to international commitments, strengthened focus on the northern areas and increase in home guard capabilities. As a percentage of GDP, the country's defense budget in 2012 was 1.4%. The Norwegian homeland security market is driven by growing threat from radical and terrorist organizations.

What are the key drivers behind recent market changes?
International commitments, strengthened focus on the northern areas and increase in home guard capabilities will drive Norwegian defense expenditure over the forecast period. As one of the founding members of NATO, Norway is an active contributor to the UN-led international operations in Afghanistan and Iraq, with the country's main international commitment during the review period having been its involvement in the International Security Assistance Force (ISAF), a NATO-led security mission in Afghanistan established by the United Nations Security Council.

What makes this report unique and essential to read?
The Norwegian Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017 provides detailed analysis of the current industry size and growth expectations from 2013to 2017, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.

Key Features and Benefits
The report provides a detailed analysis of the current industry size and growth expectations from 2013to 2017, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.

Companies Mentioned in this Report: Kongsberg Defense Systems, Forsvarets Forsknings institutt, NAMMO AS, Kitron, Natech NSV AS, Jotne EPM Technology AS, Tinex, Thales Norway AS, Sea-Hawk Navigation AS, Umoe Mandal, Eidsvoll Electronics AS

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